TIO Markets vs Coinbase
TIO Markets | Coinbase |
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2.9
|
1.4
|
TIO Markets is a global forex and CFD brokerage with both an offshore and UK-regulated branch. The broker has a strong customer focus, with 24/7 telephone and live chat customer service. Traders can access a range of accounts with competitive spreads from 0.4 pips. |
Coinbase is a leading cryptocurrency exchange that provides access to 18,000+ crypto assets that can be traded on the marketplace, stored in a wallet or borrowed via the brand's DeFi function. The US-based firm has over 10 million clients and offers educational support to individual traders and tailor-made derivative products for businesses. |
This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links. | |
Bonus Offer | |
£5/$5 in BTC. Terms and Conditions Apply. See Review | |
Comment by Reviewer | |
"After spending some time exploring the accounts, I think TIO Markets is best suited to experienced traders who can deposit at least $1000 to take advantage of the competitive trading conditions available with the VIP accounts. Nonetheless, it would be nice to see a more diverse range of assets on offer in my opinion." | "Coinbase is a good option for dedicated crypto investors who want a vast selection of established and low-market-cap tokens. The platform makes it straightforward for new crypto investors to buy and sell Bitcoin in a few clicks." |
Pros | |
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Cons | |
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Instruments | |
Forex, CFDs, indices, shares, commodities, cryptocurrencies | Cryptos |
Demo Account | |
Yes | No |
Minimum Deposit | |
$50 | $0 |
Trading Platforms | |
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|
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.0001 XBT |
Regulator | |
FCA | CBoI |
Margin Trading | |
No | Yes |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
Yes | Yes |
Auto Trading | |
Yes | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
VPS Hosting | |
No | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
Yes | No |
Commodities | |
CFD Trading | |
Unfortunately, I do feel that the broker's mediocre range of 300 CFDs will be quite restricting for most traders. It certainly doesn't compare to many other brands I review. Plus, the absence of crypto, ETF and soft commodity CFDs is a further setback. | CFD trading not offered |
Leverage | |
1:200 | |
FTSE Spread | |
20 | |
GBPUSD Spread | |
0.8 | |
Oil Spread | |
0.02 | |
Stocks Spread | |
Variable | |
Forex Trading | |
My tests uncovered an average selection of 46 forex pairs, including major, minor and exotic currency combinations. That said, access to both the MT4 and MT5 platforms is a major bonus for forex strategists looking for market-leading software. | Forex trading not offered |
GBPUSD Spread | |
0.8 | |
EURUSD Spread | |
0.4 | |
EURGBP Spread | |
0.6 | |
Assets | |
45+ | |
Cryptocurrency | |
Crypto trading not offered | With some 18,000 digital assets available to trade, Coinbase is one of the leading exchanges in the crypto world with a wider selection of tokens than most alternatives. Traders access crypto markets through a powerful platform and can enjoy margin trading in some jurisdictions. Maker and taker fees are low and there are no hidden account charges. |
Spread | |
BTC 0.1%, ETH 0.1% | |
Coins | |
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|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | Yes |
Auto Market Maker | |
No | No |
This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links. | |
More Comparisons | |
TIO Markets vs |
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